XDC NETWORK - XDC/USD

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- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	XDCUSD
ISIN:

XDC NETWORK - XDC/USD - Daily - Technical analysis published on 09/10/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

44%

33%

22%

My opinion

Bearish under 0.030003 USD

My targets

0.023720 USD (-9.84%)

0.017603 USD (-33.09%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on XINFIN NETWORK - XDC/USD as long as the price remains well below 0.030003 USD. The sellers' bearish objective is set at 0.023720 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.017603 USD. In case of crossing, the next objective would be the support located at 0.005286 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

5.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The XINFIN NETWORK - XDC/USD rating is 0.026310 USD. On the day, this instrument lost -0.08% and was traded between 0.026310 USD and 0.026580 USD over the period. The price is currently at 0% from its lowest and -1.02% from its highest.

0.026310

0.026580

0.026310

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of XINFIN NETWORK - XDC/USD in Daily shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted

Black gravestone / inverted hammer

Type : Bearish

Timeframe : Daily

Bearish doji star

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.005286	0.023720	0.026310	0.036220	0.046420	0.053677
Change (%)	-79.91%	-9.84%	-	+37.67%	+76.43%	+104.02%
Change	-0.021024	-0.002590	-	+0.009910	+0.020110	+0.027367
Level	Minor	Major	-	Minor	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.024123	0.024617	0.025473	0.025967	0.026823	0.027317	0.028173
Camarilla	0.025959	0.026083	0.026206	0.026330	0.026454	0.026578	0.026701
Woodie	0.024305	0.024708	0.025655	0.026058	0.027005	0.027408	0.028355
Fibonacci	0.024617	0.025132	0.025451	0.025967	0.026482	0.026801	0.027317

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.022893	0.024147	0.025093	0.026347	0.027293	0.028547	0.029493
Camarilla	0.025435	0.025637	0.025838	0.026040	0.026242	0.026443	0.026645
Woodie	0.022740	0.024070	0.024940	0.026270	0.027140	0.028470	0.029340
Fibonacci	0.024147	0.024987	0.025506	0.026347	0.027187	0.027706	0.028547

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.009807	0.017603	0.022207	0.030003	0.034607	0.042403	0.047007
Camarilla	0.023400	0.024537	0.025673	0.026810	0.027947	0.029083	0.030220
Woodie	0.008210	0.016805	0.020610	0.029205	0.033010	0.041605	0.045410
Fibonacci	0.017603	0.022340	0.025267	0.030003	0.034740	0.037667	0.042403

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	39.94
MACD (12,26,9):	-0.0014
Directional Movement:	-8.159715
AROON (14):	-85.714286
DEMA (21):	0.025533
Parabolic SAR (0,02-0,02-0,2):	0.024990
Elder Ray (13):	-0.000122
Super Trend (3,10):	0.028249
Zig ZAG (10):	0.026310
VORTEX (21):	0.8325
Stochastique (14,3,5):	31.62
TEMA (21):	0.024688
Williams %R (14):	-49.43
Chande Momentum Oscillator (20):	-0.000210
Repulse (5,40,3):	1.5201
ROCnROLL:	2
TRIX (15,9):	-0.7162
Courbe Coppock:	20.75

MA7:	0.025876
MA20:	0.027275
MA50:	0.029879
MA100:	0.029733
MAexp7:	0.026037
MAexp20:	0.027335
MAexp50:	0.029169
MAexp100:	0.032646
Price / MA7:	+1.68%
Price / MA20:	-3.54%
Price / MA50:	-11.94%
Price / MA100:	-11.51%
Price / MAexp7:	+1.05%
Price / MAexp20:	-3.75%
Price / MAexp50:	-9.80%
Price / MAexp100:	-19.41%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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